06/02/2013
New Luxembourg law on dematerialised securities - Maitland
Directly dematerialised securities have already been in place for a number of years in France, Belgium and Switzerland.
Legal,Regulation,Tax & Compliance
06/02/2013
Libor-rigging scandal haunts Barclays and Deutsche Bank
Barclays and Deutsche Bank face potentially embarrassing fresh allegations about Libor-rigging in a court hearing set for October.
06/02/2013
Private client teams: Rich tapestry
For many years private client work has been seen as the preserve of a handful of smaller, specialised firms acting for very rich people who live a privileged lifestyle alien to most.
06/02/2013
New global legal practice Norton Rose Fulbright launches today
Transatlantic combination one of the largest in the history of the legal profession
06/02/2013
Birmingham law firm appoints head of private client services
Prior to his time at Cobbetts, he worked at Pinsents and then Putsmans.
06/02/2013
ABN Follows ING to Court as Dijsselbloem Calls Foul on EU Terms
The Netherlands is seeking to loosen the shackles the European Union placed on rescued Dutch banks,
05/30/2013
Eversheds overhauls sector focus with leaders named for four new indust
The overhaul, which comes after chief executive Bryan Hughes last summer set out the firm's new three-year strategy, has seen the creation of four new sectors – propcos; public sector; consumer; and diversified industrials – and has invol
05/30/2013
HSBC Money-Laundering Investigation Letters Spark Questions Over Rushed Fine
A series of emails and letters released to Public Citizen, a Washington-based advocacy group, paint a partial picture of the Treasury
05/30/2013
Vatican bank chief's priority: clean up reputation
The new head of the Vatican bank says his top priority is to clean up the bank's reputation,
05/30/2013
Swiss banks break ranks as US tax probe bites
The unified front with which Switzerland's banks have defended their culture of secrecy
05/29/2013
Barclays and Lehman Still Clashing Over Cash
It was made very clear' in the asset purchase agreement 'what was going to Barclays and what was staying behind
05/28/2013
Liberty Reserve shut down in $6bn money laundering case
US regulators become increasingly concerned about the abuse of online currencies
05/28/2013
Ex-KPMG senior partner to plead guilty to insider trading
Investigators then reportedly tape-recorded Mr London passing on information
05/28/2013
Swiss banks strike deal with US over tax evasion
The Swiss government agreed on Wednesday to create a legal basis that will allow its banks to settle investigations by US authorities into their role in helping wealthy Americans evade billions of dollars in tax.
05/28/2013
Ashurst adds to non-exec trend as ex-UBS and CBA duo join boards
A move that demonstrates the slow but increasing trend for City law firms to bring in non-executive directors to provide outside experience
05/28/2013
Swiss banks strike deal with US over tax evasion
The agreement would give dozens of banks permission to reach settlements
05/27/2013
HMRC Slammed On Tax Credits Errors And Fraud
The PAC also notes that 70 percent of lost revenue is thought to be due to taxpayer error rather than fraud.
05/27/2013
Withers/Speechly merger: Why the tie-up talks unravelled
Withers was considerably further ahead than Speechly Bircham in its international investment
05/27/2013
US requests bank data from Julius Baer
Switzerland is also negotiating a separate deal with the US that aims to put an end to intrusive demands for information and a growing list of criminal proceedings against Swiss banks and their employees.
05/27/2013
Credit Suisse warns of US tax spat escalation if talks fail
Credit Suisse's chairman warned that a long-running tax dispute with the United States over hidden Swiss bank accounts could easily escalate and spill over to rivals if not settled.